The Justice Ministry wants to make it easier to resolve business disputes and will enshrine its thinking in amendments to legislation governing economic courts, sources tell Al Borsa. The ministry will be calling in experts and judges from the Cairo Economic Court to help draft the amendments, which have become necessary in light of the government’s economic reform measures, the source adds, without commenting on the nature of the changes. The Ismail Cabinet had okayed amendments last week that would allow economic courts to handle consumer protection-related cases.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…